Busy Infotech launches GST-ready business accounting software

New Delhi [India], March 12: The Indian fasteners market continues to demonstrate strong momentum, having reached USD 11.2 billion in 2025 and is projected by the IMARC Group to surge to USD 17.0 billion by 2034, reflecting a robust CAGR of 4.67% during 2026-2034. This dynamic growth is fueled by the expansion of the automotive, construction, and industrial sectors, as well as increasing demand for high-performance, lightweight fasteners, and strategic government initiatives such as "Make in India." In this thriving context and to boost domestic manufacturing, Messe Stuttgart India has launched FASTNEX 2027 with its highly anticipated Signature Edition, set to take place from 8th to 10th February 2027 at the Bombay Exhibition Centre, Mumbai. The event stands as a crucial platform for industry professionals to showcase innovative products, access market intelligence, foster collaborations, and expand their business networks, ultimately contributing to the overall advancement of India's manufacturing sector.

Mumbai (Maharashtra) [India], March 12: As artificial intelligence and advanced analytics reshape credit decisioning across India's lending ecosystem, financial institutions are now increasingly combining advanced analytics with organisational capability to deliver faster credit access and scalable growth.

Private life insurers reported robust 20.2 per cent year-on-year (YoY) growth in individual Annualized Premium Equivalent (APE) as the industry continues to see significant expansion. According to a Nuvama report, for FY26TD, the market share for private insurers in the individual APE segment surged 164bp YoY to 72.4 per cent.

New Delhi [India], March 10: Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited ("Axis Max Life"/ "Company") has entered into a strategic Corporate Agent partnership with Saarathi Finance and Credit Private Limited ("Saarathi Finance"), a next-generation greenfield non-banking financial company (NBFC) focused on bridging the credit gap for India's Micro, Small, and Medium Enterprises (MSMEs).

Among the participating states, Andhra Pradesh has raised Rs 3,000 crore through three securities with tenors of 13, 15 and 17 years. Arunachal Pradesh has raised Rs 190 crore with a 20-year tenor, while Assam has borrowed Rs 900 crore through a 15-year security. Delhi has raised Rs 1,000 crore via a 10-year security. Gujarat has raised Rs 2,000 crore through two securities with tenors of seven years and six months, and 11 years, with an additional borrowing option of Rs 500 crore for each.

Chennai (Tamil Nadu) [India], March 10: Indian Foundation for Quality Management (IFQM), an industry-led, Section 8 not-for-profit movement building a Quality brand for India, announced that it will convene its MSME Symposium 2026 with the theme India Needs a Resurgent MSME Sector, on March 20, 2026 at Anna University, Guindy, Chennai. IFQM, led by its Governing Council consisting of industry captains, is committed to enabling Indian organisations to be globally competitive through quality, excellence and innovation initiatives. Registration to the symposium is open through the IFQM website - https://ifqm.org.in/events/ifqm-msme-symposium-2026/.

The Indian benchmark indices opened with significant gains on Tuesday. BSE Sensex rose by 591.41 points or 0.76 per cent to reach 78,157.57 at 9:17 am, while NSE NIFTY 50 climbed 158.20 points or 0.66 per cent to 24,186.25.

Hyderabad (Telangana) [India], March 9: Ramky Infrastructure Limited, a leading infrastructure company with capabilities across industrial infrastructure, water and wastewater, and urban solutions, has entered into an agreement with Maharashtra Industrial Township Limited (MITL) for EPC-based infrastructure works within Dighi Port Industrial Area (DPIA) Phase 1 under the Delhi Mumbai Industrial Corridor (DMIC). The total contract value is ₹1,401.84 Crore, inclusive of GST and Operations and Maintenance (O&M) Revenues. The project has to be completed within 930 days from appointed date and the O&M period of 4 years from COD date, which is extendable upon mutual discussion.

Artificial Intelligence (AI) could contribute between USD 135.6 billion and USD 149.9 billion to the growth of Micro, Small, and Medium Enterprises (MSMEs) in the manufacturing sector as early as 2035. This projection, according to a PwC report titled "Unlocking the AI Edge for MSMEs," remains contingent on these enterprises accounting for 50 per cent of the nation's manufacturing value added.

Argentina and India explored new avenues for cooperation in the strategic mining sector during a high-level interactive session hosted by the Ministry of Steel. The engagement aimed to advance international collaboration and outline the framework for Bharat Steel 2026, an International Conference-cum-Exhibition scheduled for April 16-17, 2026, at Bharat Mandapam, New Delhi.